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How much does renters insurance cost in NJ?

I’m moving to New Jersey for university in a few months and will be renting an apartment for the first time. My parents say I should buy renters insurance. How much will renters insurance cost in New Jersey?

avatar
Claire Beaney · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Congratulations on the move—and your parents are right to recommend renters insurance!
The average cost of renters insurance in
New Jersey
 is about $16 a month, or $195 a year. This is slightly above the national average of $173 per year.
Prices can range from year to year and will be dependent on:
  • Location
  • Provider
  • Coverage amount
  • Type of coverage
The easiest way to determine your cost for renters insurance is to request quotes from multiple providers. Insurance rates vary between providers, so exploring your options is the best way to determine how much a policy will cost you.
If you’d rather leave the hard work of gathering quotes to someone else, use
Jerry
. The Jerry app can collect quotes from top insurance companies, like Berkshire, State Auto, Safeco, and Travelers, in seconds. To save even more money, Jerry can help you bundle your renters and auto policies for maximum savings.
MORE:
How to find the best renters insurance
Renters Insurance
View full answer 
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